10117 Somerset Avenue Cleveland, OH $ 150,000
10117 Somerset Avenue
$ 150,000
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10117 Somerset Avenue

Cleveland, OH, 44108
$ 150,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 1,036

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Multi-Family Home for sale in Cleveland, OH

for $150,000 with 4 bedrooms and 3 full baths. This home was built in 1911 on a lot size of 0.101.

NEW REDUCED PRICE! ATTENTION INVESTORS! AFFORDABLE TRIPLEX WITH EXCELLENT INCOME POTENTIAL NEAR UNIVERSITY CIRCLE & WADE PARK! Fantastic opportunity to expand your investment portfolio with this spacious, nicely updated three-family property located near major universities, hospitals, and ongoing redevelopment! Situated in a high-demand rental corridor just minutes from University Circle's educational and medical campuses, this property offers convenient access to major employment centers, shopping, dining, and neighborhood amenities. Each of the three units features 2 bedrooms and 1 full bathroom with comfortable, functional layouts. The third-floor unit is currently tenant-occupied, with a tenant who would like to remain, while the first- and second-floor units are vacant and rent-ready, providing an excellent opportunity to generate additional rental income or explore owner-occupancy options! Numerous valuable improvements have already been completed, including updated furnaces, hot water tanks, electrical systems, and a flat roof installed in 2018. Separate metering provides added convenience for utility management and operating efficiency. Investors will appreciate the flexibility of an existing tenant combined with two available units, offering the potential to increase rental income and maximize returns. Located on a quiet street near University Circle and Wade Park, this property offers an attractive combination of affordability, location, improvements, and long-term investment potential. Don't miss this opportunity to acquire a multifamily property in an active redevelopment area! IMPORTANT: Do not disturb third-floor tenant. Only first- and second-floor units may be shown prior to an accepted offer. Third-floor unit may be shown after an accepted offer. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

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Multi-Family Active

Price

$ 150,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,616

Style

Lot Size

0.101

Year Built

1911

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5255965

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Negotiable
Roof Asphalt Fiberglass
Garage Spaces 1
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1911
Township Cleveland
Levels Three Or More
Property Subtype Triplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Superior Park
Garage Y/N true
Total Rooms 15
Full Baths 3
Status Active
Directions Please only show first and second floor from the front porch lock box is secured to front porch itself. Please do not disturb the 3rd floor which is currently paying $700 per month.
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1616
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Triplex
Legal Description 377 SUPPK 0389 ALL
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Interior
Basement Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.101
Number of Buildings 1
Lot Size Acres 0.101
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Adrian Frederick

Listing Agent

Coldwell Banker Schmidt Realty

Broker

afredericksold@gmail.com

Email

Affordability Calculator

$1,171
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,036
Monthly Property Taxes
$135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$150,000 Listed Price

Map


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10117 Somerset Avenue, Cleveland, OH, 44108 is a Multi-Family Home for sale at $150,000 with a lot size of 0.101. 10117 Somerset Avenue has 4 bedrooms, 3.0 baths, and was built in 1911. The property's zip code is 44108 which is in Cleveland, OH